british columbia finances

11:18AM
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B.C.’s credit downgrades reflect government’s spending and debt binge

The government plans to overspend by $11.2 billion relative to its 2023 budget plan.


10:30AM
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B.C.’s day of ‘debt’ reckoning has arrived

The province forecasts huge deficits in each of the next four fiscal years.


8:27AM
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Another big spending budget would drown B.C. government in red ink

In 2022/23, the latest year of complete data, inflation-adjusted spending reached a record high of $14,275 per person.


8:36AM
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B.C. government’s spending spike sparks debt boom

This fiscal year the province's debt interest costs with reach $3.3 billion.


9:30AM
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B.C.’s coming debt boom will make COVID deficits look like small potatoes

The province is on track to add more debt than it did during the 2008/09 recession and pandemic.


9:30AM
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Cost of government debt rising for British Columbians

By 2025/26, the province will spend an estimated $4.1 billion on debt interest—an increase of 53 per cent over three years.


4:30AM
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B.C.’s pending debt boom—elections matter

The province's net debt will reach a projected $97.2 billion in 2024/25.